20 Best Housing Markets for Sellers in 2021.
Good news for real estate professionals looking for housing inventory. After all, in most markets, inventory is at all-time lows. But, these markets are ripe for sellers given their home price appreciation. Lucky you if you live in any of these cities—it’s time to get creative and schedule listing presentations!
Mynd Management, a tech-enabled property management and real estate investment company serving the single-family rental (SFR) housing market, announced the 20 best housing markets for sellers in 2021.
The three best housing markets for property owners seeking appreciation are Milwaukee, WI, Memphis, TN and Detroit, MI. Milwaukee HPA skyrocketed 17.9%, while Memphis prices jumped 16.6% and Detroit metro area HPA increased 15.4% in 3Q 2020 year- over-year.
In 2020, the reversal of a decades’-long trend in the real estate investment market emerged: The leaders in home-price appreciation growth shifted to more suburban areas, away from the coasts.
The top 20 real estate markets for sellers in 2021 are:
Sources: Mynd Investor Services, U.S. Census Bureau, Precisely, County Recorders’ & Assessors’ Offices